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Why UPS Stock Is Falling Today


 sounded the alarm, and investors in its archrival are taking notice.

Shares of United Parcel Service (NYSE: UPS) traded down 3% as of 2 p.m. ET after FedEx missed quarterly expectations and lowered its full-year forecast.

Transportation companies have been stuck in traffic for the last few years. A surge in shipments after the height of the pandemic gave way to a slowdown as the economy cooled and interest rates spiked higher, leading to soft pricing.

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Source Fool.com

Fedex Corp. Stock

€191.98
-0.560%
The price for the Fedex Corp. stock decreased slightly today. Compared to yesterday there is a change of -€1.080 (-0.560%).
With 59 Buy predictions and 2 Sell predictions Fedex Corp. is one of the favorites of our community.
As a result the target price of 304 € shows a very positive potential of 58.35% compared to the current price of 191.98 € for Fedex Corp..
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